The online gambling company hopes to appoint its chief operating officer, Itai
Frieberger, as its new boss

Online gambling company 888 is seeking the go-ahead from regulators to promote its chief operating officer to become its new boss.

The firm is attempting to gain clearance in countries where it holds gambling licences to appoint highly regarded Itai Frieberger as its chief executive. The move would enable industry veteran Brian Mattingley to step back from the day-to-day running of 888.

The process could take months. However, if successful, Mr Frieberger will succeed Mr Mattingley, who will become non-executive chairman.

The 64-year-old has led the business – first as chief executive and more recently as executive chairman – for four years. He has been on 888’s board since 2005, and before that worked at bingo firms Gala and Ritz.